Often times sellers (especially new ones) do not account for time. It’s easy to overestimate your own timeline without factoring in unplanned bumps along the way. Maybe you hope to launch your product in time for Christmas but haven’t factored in how long shipment takes during peak holiday seasons. Of course, that doesn’t mean you should speed through the entire process and compromise quality to meet your deadlines.

2.Miscalculated Inventory

First time sellers need to ensure they’ve done their research before bringing in stock. Although it can be difficult to estimate how much of your products will actually be sold, in this case, being overprepared may actually be a bigger problem. Carrying more stock than needed would mean you’re less liquid.

3.Unaccounted cost

Staying vigilant in having the best price is important when selling online. After all, consumers have more information and can easily compare prices. However, as tempting as it is to use a cost+ pricing method, it might not be the most effective. While selling online means you don’t pay for fixed costs like a physical shop, there could be hidden costs that you might not have been aware of.